IMF says reviewing 2026 Budget; decision to release next tranche in coming weeks

Stresses need for Sri Lanka to continue reforms, including trade liberalisation, governance, Notes protecting vulnerable groups should be a priority

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THE International Monetary Fund (IMF) yesterday said it was reviewing the 2026 Budget unveiled by President Anura Kumara Dissanayake a week ago.

IMF Director of Communications Julie Kozack said the Executive Board would review the Budget and consider Sri Lanka's Fifth Review under the Extended Fund Facility (EFF) in the coming weeks, a decision that will release $ 347 million in financing.

An IMF staff-level agreement had already been reached with the Government.

Kozack said the agreement, concluded on 9 October, clears the way for Board consideration.